On Nov. 5, Saudi authorities arrested dozens of the kingdom’s royal, political and business elite. Security forces sequestered princes, cabinet ministers and billionaires in Riyadh’s Ritz-Carlton, as the city’s private airport was shut down to prevent escape by private jet. The detainees face various charges of corruption issued by an all-powerful commission decreed by King Salman mere hours before the arrests and headed by his son, Saudi Crown Prince Mohammed bin Salman.
Among the detainees was Prince Alwaleed bin Talal, founder and owner of Kingdom Holding, global businessman, media mogul and one of the world’s wealthiest individuals. Alwaleed was joined in detention by Saleh Kamel, billionaire and owner of Dallah al-Baraka, and Walid al-Ibrahim, brother-in-law of the late King Fahd.… Seguir leyendo »